LEGISLATIVE FISCAL OFFICE
Fiscal Note
Fiscal Note On: HB 526 HLS 22RS 838
Bill Text Version: REENGROSSED
Opp. Chamb. Action:
Proposed Amd.:
Sub. Bill For.:
Date: May 17, 2022 8:12 AM Author: EDMONDS
Dept./Agy.: Treasury
Subject: Posting Fiscal Information on Websites Analyst: Kimberly Fruge
SCHOOLS/FINANCE RE +$232,710 GF EX See Note Page 1 of 1
Requires school boards to post certain fiscal information on their websites
Proposed law requires each city, parish, and other local school board to post its budget and general summary, as provided for in present
law, on its website. Propose law further requires the city, parish, and other local school board to post the auditor report by the Louisiana
Legislative Auditor on its website. Proposed law also requires each city, parish, and other local school board to post reports detailing actual
revenues, receipts, expenditures, and disbursements on its website on a quarterly basis. Propose law further requires the reports to
include information concerning the school board’s contracts for each question, including without limitation the identity of each vendor, the
purpose of each contract, and payments associated with each contract.
Proposed law requires each city, parish, and other local school board to send these reports to the Treasury. The Treasury is required to
post the information on its website. Subject to the availability of funds, proposed law requires the Treasury to provide an online tool for
comparison of school board budgets and expenditures, in total and on a per pupil basis.
EXPENDITURES 2022-23 2023-24 2024-25 2025-26 2026-27 5 -YEAR TOTAL
State Gen. Fd. $232,710 $207,818 $210,452 $214,766 $215,961 $1,081,707
Agy. Self-Gen. $0 $0 $0 $0 $0 $0
Ded./Other $0 $0 $0 $0 $0 $0
Federal Funds $0 $0 $0 $0 $0 $0
Local Funds SEE BELOW SEE BELOW SEE BELOW SEE BELOW SEE BELOW
Annual Total
REVENUES 2022-23 2023-24 2024-25 2025-26 2026-27 5 -YEAR TOTAL
State Gen. Fd. $0 $0 $0 $0 $0 $0
Agy. Self-Gen. $0 $0 $0 $0 $0 $0
Ded./Other $0 $0 $0 $0 $0 $0
Federal Funds $0 $0 $0 $0 $0 $0
Local Funds $0 $0 $0 $0 $0 $0
Annual Total $0 $0 $0 $0 $0 $0
EXPENDITURE EXPLANATION
Propose law will result in an increase in expenditures within the Treasury to collect, interpret, and make available on its
website the financial information provided by each city, parish, and other local school board. The department indicates it will
incur one-time costs in FY 23 of $145,000 to secure the technology platform necessary to retain, collect, and maintain the
budget data for use in the public database tool and a recurring cost of $120,000 in FY 24-FY 27 to run and maintain the
software. In addition, the department reports it will require one additional T.O. position, a data analyst, to collect, interpret,
and make the data available online. The department estimates the position will have an average salary of $60,000 plus
related benefits. Assuming a 2% annual market rate adjustment, the department estimates the new position will increase
expenditures as follows: FY 23 - $85,260, FY 24 - $87,818, FY 25 - $90,452, FY 26 - $93,166, FY 27 - $95,961. The
department also estimates it will need $2,450 in FY 23 to provide equipment necessary for the new position and $1,600 in
FY 26 to update the equipment. With operating expenses for the software and the additional personnel services, the total
cost for the Treasury is as follows: FY 23 - $232,710 ($145,000 software + $85,260 salary and related benefits + $2,450
equipment), FY 24 - $207,818 ($120,000 software + $87,818 salary and related benefits), FY 25 - $210,452 ($120,000
equipment + $90,452 salary and related benefits), FY 26 - $214,766 ($120,000 software + $93,166 salary and related
benefits + $1,600 equipment), and FY 27 - $215,961 ($120,000 equipment + $95,961 salary and related benefits).
Proposed law may also result in an increase in expenditures to school boards across the state. Representatives from various
school boards across the state have indicated that this will certainly increase the workload required of them. Some school
boards have indicated that the increased workload is absorbable with existing staff while others have indicated they may
need additional support, especially concerning the quarterly reports of contracts. Most school boards already provide some,
if not all, of this information on their websites. To the extent that additional data reporting software is required, some school
boards may realize a cost to implement proposed law. Actual costs will vary by school board and will depend on whether
additional personnel is needed and which data/reporting format the school board decides to use.
REVENUE EXPLANATION
There is no anticipated direct material effect on governmental revenues as a result of this measure.
Senate Dual Referral Rules House
x 13.5.1 >= $100,000 Annual Fiscal Cost {S & H} x 6.8(F)(1) >= $100,000 SGF Fiscal Cost {H & S}
13.5.2 >= $500,000 Annual Tax or Fee Evan Brasseaux
6.8(G) >= $500,000 Tax or Fee Increase
Change {S & H} or a Net Fee Decrease {S} Interim Deputy Fiscal Officer